Colonna’s Shipyard is a fifth-generation, family-owned medium-sized shipbuilder, led by Randall Crutchfield, Chairman & CEO, today. Founded in 1875 by 26-year-old ship carpenter Charles J. Colonna with a $2,000 loan from his brother, he founded a company that has not only withstood the test of time
A federal judge on Monday struck down an order by U.S. President Donald Trump's administration to halt all federal approvals for new wind energy projects, saying that agencies' efforts to implement his directive were unlawful and arbitrary.Agencies including the U.S. Departments of the Interior and Commerce and the Environmental Protection Agency have been implementing a directive to halt all
Small importers for large U.S. retailers rushed in China-made strollers and wares meant for spring and are storing the goods in their own warehouses to avoid the big tariff bills that had been threatened over the next month.Before Sino-American talks on the sidelines of the ASEAN Summit in Kuala Lumpur eliminated the threat of U.S.
Noble Corporation’s recent decision to sell the Pacific Meltem and Pacific Scirocco for non-drilling purposes highlights a key issue in the drillship market: What happens to cold-stacked rigs that are unlikely to return to work? With the floater market showing signs of weakness and contract opportunities becoming scarcer, reactivating these units is proving even more challenging.
Ukraine said on Monday it hit and disabled a Russian missile-carrying submarine docked at a Black Sea naval base using underwater sea drones for the first time, but Moscow denied the strike caused any damage.The attack with Ukrainian-made "Sub Sea Baby" drones hit the submarine in the port of Novorossiysk where Russia has rebased many of its Black Sea naval vessels to put them out of reach of
The Romanian military blew up a maritime drone that was endangering navigation in the Black Sea, the Ministry of National Defence said on Wednesday, amid rising concerns about risks to shipping in the area linked to the war in Ukraine.The ministry said that the drone, which was found in an area 36 nautical miles (66 km) east of Constanta, was a Sea Baby.
This week, RWE withdrew from a $10 billion Namibia green hydrogen project, the latest example of companies considering such investments.The German power utility said on Monday that it had withdrawn from Namibia's Hyphen green ammonia project because demand for hydrogen and hydrogen derivatives such as ammonia is developing slower than expected in Europe.
Twelve British seafarers have been recognized for going above and beyond the call of duty, receiving the prestigious Merchant Navy Medal for Meritorious Service which is celebrating its 20th anniversary on Merchant Navy Day, September 3.Captain Chris Phillips, 56 from Pembrokeshire, bravely led his 30-person crew on a rescue mission during the dead of Winter in 2024, saving 89 lives at sea
Israeli forces have taken command of a charity vessel that had tried to break a naval blockade of the Gaza Strip and the boat with its crew of 12 including activist Greta Thunberg is now heading to a port in Israel, officials said on Sunday.The British-flagged yacht Madleen, which is operated by the pro-Palestinian Freedom Flotilla Coalition (FFC)
The U.S. Gulf of Mexico can continue growing oil output even amid geopolitical volatility not seen in decades, oil and gas industry leaders said on Monday.U.S. President Donald Trump's global tariff announcements have since last month contributed to a decline in oil prices and fears of an economic downturn, making it more difficult for oil producers to follow his call of "drill, baby, drill.
Royal Caribbean has launched a video showing the newly amplified Allure of the Seas, which is setting sail in the Mediterranean in April 2025 after a $100 million transformation. New features include the Pesky Parrot tiki bar, resort-style pools and a 10-story dry slide.Pool Days – Resort-style pools are at the center of the action on the reimagined Caribbean pool deck
As threats of trade wars loom, global shipping already seems to be reacting in kind with the Baltic Dry Exchange falling to its lowest since February 2023, says cash buyer GMS. This marks a clear shift towards easing freight rates as a gradually increasing number of over-aged assets have been making their way towards the bidding tables since the start of 2025.